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Dec 27, 2012
12/12
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harry reid saying it is republicans fault and somebody from boehner's office said harry reid has to talk less and legislate more. it is comical. it is simply comical what is going on. does it surprise you? >> sadly it does not surprise me too much. the truth is this. there has to be a bargain struck and not a good way to bargain to demonize the people you'll be sitting at the table with. harry reid called a speaker john boehner a dictator. republicans have fought that, they are not innocent in this. timtime to take down the verbal warfare and cut a deal sparing the fallout of the fiscal cliff. gerri: can we get anything with any meaning before the end of the year? >> not get your hopes up on a big deal on the debt. not too many tax increases, some will be in there. avoiding the sequester, the spending cuts, that is the best thing that could happen at this point and i'm pretty optimistic person, i get up every morning thinking good things will happen but this is causing me to drink every night so i did not know if i will get there or not. gerri: you glass half-full kind of guy. i hope you
harry reid saying it is republicans fault and somebody from boehner's office said harry reid has to talk less and legislate more. it is comical. it is simply comical what is going on. does it surprise you? >> sadly it does not surprise me too much. the truth is this. there has to be a bargain struck and not a good way to bargain to demonize the people you'll be sitting at the table with. harry reid called a speaker john boehner a dictator. republicans have fought that, they are not...
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Dec 30, 2012
12/12
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KPIX
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he and majority leader harry reid are working on a scaled- down agreement that focuses on avoiding a middle class tax hike. the plan is to prevent it to the full senate for a vote on sunday, then send it over to the house. house speaker john boehner was also at the capitol but left with no comment. both sides remain at odds over the democrats' insistence that the wealthy pay more in taxes. >> the president's tax hike would only fund the government for eight days. americans deserve to know, what does the president propose we do for the other 357 days of the year? >> reporter: president obama insists his plan on the table is fair. and it includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations don't pan out, the president says he's ready to propose his own scaled-back tax bill that would block tax increases for all but the wealthy and preserve expiring unemployment benefits. >> for those of us who invest in the stock market, it's disgusting to watch them jockey around with our money.
he and majority leader harry reid are working on a scaled- down agreement that focuses on avoiding a middle class tax hike. the plan is to prevent it to the full senate for a vote on sunday, then send it over to the house. house speaker john boehner was also at the capitol but left with no comment. both sides remain at odds over the democrats' insistence that the wealthy pay more in taxes. >> the president's tax hike would only fund the government for eight days. americans deserve to...
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Dec 27, 2012
12/12
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FBC
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you had harry reid this morning saying we'll probably go over the cliff. we were down triple digits. then you had the announcement the house would reconvene. we almost rebounded. only closed down 18 points. where is all this going? i think the american public is ready to throw all of them into a room and lock the door and light a match. >> i'm with the american public on that. it's bad and what people come to expect from washington and to a certain extent i think i agree with both the other panelists. you had this going on in effect for a year not as intensely for the past several weeks but we've known about the uncertainty. there has been in paradoxical way certainty about the uncertainty you know this will happen. we bet on recent experience congress will either fail to get something done or get something slapped dash and ugly at the last minute. i think you have american public that be looed at this. said a pox on both of their houses and come to expect basically the worst from washington. adam: doug, let me ask you this. on behalf of those of us who do
you had harry reid this morning saying we'll probably go over the cliff. we were down triple digits. then you had the announcement the house would reconvene. we almost rebounded. only closed down 18 points. where is all this going? i think the american public is ready to throw all of them into a room and lock the door and light a match. >> i'm with the american public on that. it's bad and what people come to expect from washington and to a certain extent i think i agree with both the...
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Dec 26, 2012
12/12
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KPIX
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senate majority leader harry reid was reportedly at the capital on christmas working on a scaled-down plan to avoid tax hikes for all about the wealthiest americans. his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with servicemembers and their families. the president told the marines he was grateful for their service and posed pour pictures. >>> recent college graduates are having a tough time getting jobs in their desired lines of work. according to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying jobs, it's that much harder for graduates to pay back student loans weapon tuition rising across the nation. >>> the holiday season isn't wh
senate majority leader harry reid was reportedly at the capital on christmas working on a scaled-down plan to avoid tax hikes for all about the wealthiest americans. his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with...
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Jan 1, 2013
01/13
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KTVU
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senator harry reid said their goal was to protect america's middle-class. >> middle-class families will wake up today to the assurance their taxes will not go up 2,200 dollars each. they will have the certainty of how they will pay for groceries and car payments all during next year. >> mitch mcconnel agreed to the measure rather than let the middle-class suffer. >> we don't think they should be going up on everyone but we all knew if we didn't come to an agreement it would go up on everyone and we were not going to let that happen. >> the bill will also extend joplin less benefits and everything matters with the house of representatives when it reconvene this morning. >>> the president said while neither democrats nor republicans got everything they wanted, this agreement is the right thing for our country and the house should pass it without delay. >>> they also have the so called dairy cliff and it provides milk prices up to $8 per gallon. >>> and san francisco's minimum wage is also going up. people who live in the city will make the highest minimum wage in the nation moving them to
senator harry reid said their goal was to protect america's middle-class. >> middle-class families will wake up today to the assurance their taxes will not go up 2,200 dollars each. they will have the certainty of how they will pay for groceries and car payments all during next year. >> mitch mcconnel agreed to the measure rather than let the middle-class suffer. >> we don't think they should be going up on everyone but we all knew if we didn't come to an agreement it would go...
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Dec 30, 2012
12/12
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KBCW
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harry reid and he are working on a scaled down agreement that focuses on avoiding a middle class tax hike. the plan is to send it to the senate for a vote sunday and then to the house. john boehner had no comment. both sides remain at odds over the democrats' instance that the wealthy pay more in taxes. >> chris: it would only fund the government for 8 days. what does the president propose we do for the other 357 days? >> reporter: president obama insists his plan on the tablt is fair and it include -- table is fair and includes plenty. cuts to spending. >> we can't afford a politically self-conflicted wound to our economy. >> reporter: if the negotiations don't pan out, the president is ready to propose his own scaled back bill that would block tax increases for all but the wealthy and preserve expiring unemployment benefits. with the deficit ticking higher, patience is wearing thin. >> for those of us that invest in the stock market, it's disgusting to watch them jockey around with our money. we're affected every day. >> reporter: missing in all the last-minute negotiations is talk
harry reid and he are working on a scaled down agreement that focuses on avoiding a middle class tax hike. the plan is to send it to the senate for a vote sunday and then to the house. john boehner had no comment. both sides remain at odds over the democrats' instance that the wealthy pay more in taxes. >> chris: it would only fund the government for 8 days. what does the president propose we do for the other 357 days? >> reporter: president obama insists his plan on the tablt is...
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Dec 27, 2012
12/12
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FBC
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harry reid says the u.s. is likely to roll off of the fiscal cliff and will speak to reporters about those negotiations. mortgage rates finished out the year near historic lows. freddie mac says the average for a 30 year fixed mortgage east to 3.35%. the empire state building is one step closer to going public. the management of the iconic skyscraper has been given the go-ahead by the securities and exchange commission to allow the building to be included in a proposed real-estate investment funds. empire state realty creates as much as $1 billion in an initial public offering. that is the latest from the fox business network giving you the power to prosper. shibani: thing they're calling down after winter weather wallop. it was messy in new york city, hundreds of flights have been canceled or delayed across the nation leaving travelers stranded. let's check with the latest from maria molina at the fox business center for update. looking pretty good today. >> starting to improve, suspecting across new england
harry reid says the u.s. is likely to roll off of the fiscal cliff and will speak to reporters about those negotiations. mortgage rates finished out the year near historic lows. freddie mac says the average for a 30 year fixed mortgage east to 3.35%. the empire state building is one step closer to going public. the management of the iconic skyscraper has been given the go-ahead by the securities and exchange commission to allow the building to be included in a proposed real-estate investment...
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Jan 1, 2013
01/13
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KRON
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and harry reid said the goal was to protect america as middle class. >> and the families will wake up today that taxes will not go up. >> they will plan and pay for groceries, car payments. >> reporter: the senate minority leader said the republicans afreed to the measure rather than let the middle class suffer. taxes should not go up on anyone but we all knew if we did nothing they would be going up on everyone. we would not let that happen. >> the house reconvenes at noon and is expected to take up the measure at that time. >>> now on the secretary of state, doctors are saying that a blood clot that formed in her head is starting to dissolve. they are confident ñrshe will make a full recovery. it is located in the vein behind her right ear. they are treating with blood thinners and she will be released once the medication has been established. we'll be right back. and the thou on the first day of 2013. have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? hea
and harry reid said the goal was to protect america as middle class. >> and the families will wake up today that taxes will not go up. >> they will plan and pay for groceries, car payments. >> reporter: the senate minority leader said the republicans afreed to the measure rather than let the middle class suffer. taxes should not go up on anyone but we all knew if we did nothing they would be going up on everyone. we would not let that happen. >> the house reconvenes at...
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Dec 26, 2012
12/12
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KBCW
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the next move will likely fall on democratic senate leader harry reid who is crafting a package on his own. it would extend the bush era tax cuts for households making less than $250,000 a year including the short-term spending cuts. >>> and it is a scary statistic for the recent college graduates. the number of young californians with the degrees working in restaurants or the retail, they have nearly doubled over the last five years. cbs 5 reporter tells us that these are the same people who have expensive college loans to pay off. >> reporter: when you're shopping this holiday season, or eating out, take a look around. you might notice a lot more people under 30 working those jobs. according to the census bureau, there are about 260,000 young adults with college degrees in california, taking work and food service in retail because they can't get anything else. >> it's pretty sad now, yeah. >> reporter: graduating with a computer science degree. >> i graduated with my bachelor's in 2009 and my first job was actually at a retail store at the mall. at first it was kind of embarrassing.
the next move will likely fall on democratic senate leader harry reid who is crafting a package on his own. it would extend the bush era tax cuts for households making less than $250,000 a year including the short-term spending cuts. >>> and it is a scary statistic for the recent college graduates. the number of young californians with the degrees working in restaurants or the retail, they have nearly doubled over the last five years. cbs 5 reporter tells us that these are the same...
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Dec 27, 2012
12/12
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KTVU
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senator harry reid will pass this plan and does not want to put it to a vote unless he knows it will pass the housement they want to avoid fitting the call. house speaker john boehner held a meeting with fellow gop leaders and said he would give them 48 hours before calling them back from their holiday vacation meaning saturday is the earliest time a fiscal vote could take place on this deal. treasury secretary tim geithner said the united states will hit the debt ceiling on monday unless he takes extraordinary measures. they believe it could force congress to come up with a deal before monday's deadline but some republicans are not as optimistic. live in washington, ktvu channel 2 morning news. >>> they set $2 billion for unit who made her first court appearance. she was drunk when she hit a group of people. the woman was knocked up to a hill and she was studying criminal justice before that police crash. >> she is somebody who was never in trouble before and a quarter short of graduating from college. it is horrible of what their family is going through. >> eunice is expected to en
senator harry reid will pass this plan and does not want to put it to a vote unless he knows it will pass the housement they want to avoid fitting the call. house speaker john boehner held a meeting with fellow gop leaders and said he would give them 48 hours before calling them back from their holiday vacation meaning saturday is the earliest time a fiscal vote could take place on this deal. treasury secretary tim geithner said the united states will hit the debt ceiling on monday unless he...
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Dec 29, 2012
12/12
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KPIX
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>>reporter: senators harry reid and mitch mcconnell returned to the senate floor, pledging to work through the weekend. >> we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation. >> we're going to do the best we can for the congresses we have and for the country that's waiting for us to make a decision. >>reporter: democratic and republican leaders have agreed to extend jobless benefits and some tax increases, but the income threshold is not yet clear. the president and senate leaders are expressing optimism that they'll get the job done, but the president has a backup plan just in case. >> if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote. >>reporter: that bear bones bill would preserve tax cuts for the middle class and extend unemployment benefits. it would also lay a foundation for a broader deal to come. danielle nottingham, cbs news, the white house. >>>
>>reporter: senators harry reid and mitch mcconnell returned to the senate floor, pledging to work through the weekend. >> we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation. >> we're going to do the best we can for the congresses we have and for the country that's waiting for us to make a decision. >>reporter: democratic and republican leaders have agreed...
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Dec 31, 2012
12/12
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KPIX
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after a day of intense talks, senate majority leader, harry reid said there will not be a deal tonight. >> there is a distance between the two sides, tpheg orbingiations continue. >> if republicans and democrats can not strike a deal, taxes will go up for almost every american, automatic cuts will kick in and millions will loose unemployment benefits. >> i want everyone to know i am will willing to get this done but i need a dance partner. >> they quickly cut the deficit by slowing the growth of social security but the senate says there is a little bit of movement when they are compromising which americans should should get ready to pay a higher tax rate. >> reporter: in an unusual move republicans here on capitol hill called on the nation's number 2 democrat, vice president joe biden, to help in negotiations, this as the white house puts the blame on the impasse on the gop. >> they say the biggest priority is making sure we deal with the deficit in a serious way. the way they are behaving is the only priority is making sure tax breaks for the wealthiest americans are protected. >> rep
after a day of intense talks, senate majority leader, harry reid said there will not be a deal tonight. >> there is a distance between the two sides, tpheg orbingiations continue. >> if republicans and democrats can not strike a deal, taxes will go up for almost every american, automatic cuts will kick in and millions will loose unemployment benefits. >> i want everyone to know i am will willing to get this done but i need a dance partner. >> they quickly cut the deficit...
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Dec 30, 2012
12/12
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KRON
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now in case that deal breaks down, the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor. that bill would increase taxes for households that earn 250- thousand dollars or more. now that's a democratic proposal, and you can expect republicans would block it. so rather than thinking of that as a stop-gap measure, think of it as a political move to try to shift the responsibility of failure onto republicans just before the nation reaches the hour of reckoning. jessica yellin >> a connecticut lawyer wants to sue the state over the sandy hook elementary school shooting. irving pinsky says the state failed to provide a safe setting. he's pursuing 100-million dollars in damages on behalf of an unidentified 6- year-old girl who survived the massacre. pinsky says the girl heard gunfire, screaming, and conversations over the intercom and was left with emotional scars. 26 people, including 20 children, were killed at the newtown school two weeks ago when 20-year-old adam lanza entered the building and opened fire. >>> former president george
now in case that deal breaks down, the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor. that bill would increase taxes for households that earn 250- thousand dollars or more. now that's a democratic proposal, and you can expect republicans would block it. so rather than thinking of that as a stop-gap measure, think of it as a political move to try to shift the responsibility of failure onto republicans just before the nation reaches the...
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according to harry reid, they are still waiting for cbo, they have to get a prize take price e congressional budget office on the deal put on the table. i am not sure if richardson is in place, but this is the deal that we have been talking about throughout the day at fox business, that would raise taxes on individuals risen $400,000 or more. married couples $450,000 or more, as we learn later this evening this is the same deal that will have a buy down. keep the sequestration, the spending cuts that take place at 12:01, put on hold for two months, but that won't happen until you have to have the senate passed it an in the house passed it. we have seen no movement in the house because the house has not been given any details or any paper as they would say as to deal the senate is looking at right now. you're seeing a live picture outside one of the meeting rooms, this is the ohio clock, this is where usually get statements from harry reid and different members of the senate, but we did receive a message from charles schumer a vote taking place but midnight on the deal of earning the big tax
according to harry reid, they are still waiting for cbo, they have to get a prize take price e congressional budget office on the deal put on the table. i am not sure if richardson is in place, but this is the deal that we have been talking about throughout the day at fox business, that would raise taxes on individuals risen $400,000 or more. married couples $450,000 or more, as we learn later this evening this is the same deal that will have a buy down. keep the sequestration, the spending...
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Dec 31, 2012
12/12
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KRON
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senate majority leader harry reid says while negotiations are on-going, the senate will not vote on any plan this evening. elizabeth corridan is monitoring the situation from washington, d-c. senate majority leader harry reid says while negotiations are on-going, the senate will not vote on any plan this evening. the senate will reconvene monday morning, at which point there will be just over 12-hours until the u.s. goes over the fiscal cliff. >>> if nothing is done by midnight monday, mandatory tax hikes and spending cuts will kick in, impacting every american. elizabeth corridan is monitoring the situation and brings us the latest. --reporter pkg-as follows -- " as we gather with so much work undone, guide our lawmakers with your wisdom." the senate convened its rare sunday session with a prayer for progress. the house returned from its holiday hiatus. with less than 48- hours until the u-s economy goes over what's being called the fiscal cliff - lawmakers are locked in a fierce face-off over a set of spending cuts and tax hikes. >>> "we're apart on some pretty big issues." "i'm willi
senate majority leader harry reid says while negotiations are on-going, the senate will not vote on any plan this evening. elizabeth corridan is monitoring the situation from washington, d-c. senate majority leader harry reid says while negotiations are on-going, the senate will not vote on any plan this evening. the senate will reconvene monday morning, at which point there will be just over 12-hours until the u.s. goes over the fiscal cliff. >>> if nothing is done by midnight monday,...
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Dec 31, 2012
12/12
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KOFY
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harry reid and mitch mcconnell are working on a stopgap bill. >> at some point the negotiating process it appears there are things that have stopped us in moving forward. i hope we're not there but we're getting real close. >> i want everyone to know i am willing to get this know, but i need a dance partner. >> the legislation would prevent a tax increase for 98% of american workers, extend unemployment benefits and prevent a huge cut in payments to medicaid doctors. >> we should introduce legislation to make sure that middle-class taxes stay where they are. >> even if they reach a deal it won't pass congress by monday night. if it doesn't everybody's income taxes will go up. the average family would pay $3,324 would. if congress doesn't passion a new bill? >> we'll come back with a new congress in january 4th and first bill will be introduced on the floor will be to cut taxes on middle-class families. >> the bargaining continues tonight. >> ama: in two dates, new laws to take effect in california. plus, we'll break down the incredible video that shows a plane crashing into a freeway.
harry reid and mitch mcconnell are working on a stopgap bill. >> at some point the negotiating process it appears there are things that have stopped us in moving forward. i hope we're not there but we're getting real close. >> i want everyone to know i am willing to get this know, but i need a dance partner. >> the legislation would prevent a tax increase for 98% of american workers, extend unemployment benefits and prevent a huge cut in payments to medicaid doctors. >>...
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Dec 31, 2012
12/12
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WMAR
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reid said he couldn't precepts a counter proposal. joe biden is playing a direct role in the talks. they remain at odds over the across the board cuts to government programs and defense set to go in to effect. they are divided on taxes. the white house wants to raise rates on people making more than 250,000 dollars a year. republicans would like to keep the estate tax from going over. >> we have to make sure taxes on middle class families don'ts go up that would hurt our economy badly. >> i placed a call to the vice president, to see if he could jump start the negotiations on his side. i want everyone to know i'm willing to get this done. i need a dance partner. >> if there is no deal today, the average american family will start with a $3400 tax hike. >>> hilary clinton is waking up in the hospital, secretary of state was admitted to the presbyterian hospital. the clot stems from a concussion stuffed a number of weeks ago. her doctors discovered it during a follow up exam sunday. she has been out of work for weeks, recover from a sto
reid said he couldn't precepts a counter proposal. joe biden is playing a direct role in the talks. they remain at odds over the across the board cuts to government programs and defense set to go in to effect. they are divided on taxes. the white house wants to raise rates on people making more than 250,000 dollars a year. republicans would like to keep the estate tax from going over. >> we have to make sure taxes on middle class families don'ts go up that would hurt our economy badly....
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Dec 28, 2012
12/12
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KBCW
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. >> reporter: senate majority lyddite harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's number one goal is to get elected speaker on january 3rd. >> reporter: the two sides are at odds over tax cuts and spending. republicans say it's up to the democraticly controlled stat and white house to reach an agreement. >> republicans aren't about to write a blank check or anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: members of the house were told to come back to washington sunday evening. they would have a little more than 24 hours to vote on a measure to avoid the fiscal cliff. danielle nottingham, cbs 2 news washington. >> a former bay area city councilman is about to learn firsthand how washington works or doesn't. he's a newly elected congressman and heading into a capitol hill quagmire. how the representative elect plans to help fix our fiscal ills. >> you're the freshman walking in. >> i'm ready to act. >> reporter: 31-ye
. >> reporter: senate majority lyddite harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's number one goal is to get elected speaker on january 3rd. >> reporter: the two sides are at odds over tax cuts and spending. republicans say it's up to the democraticly controlled stat and white house to reach an agreement. >> republicans aren't about to write a blank check or...
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Dec 28, 2012
12/12
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KTVU
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the white house, still not sure whether we are going to get video from the high stakes negotiations, harry reid and mitch mcconnell and john boehner and nancy pelosi are joining president obama and the vice-president. the white house insists the president is not putting new offers on the table but there are reports of a compromise to raise tax rates for them. both sides say thar are disappointed. >> it is totally a lack of courage to deal with these issues. from washington to wall street there is a sense of gloom but the prospects of deal. here in dc a new furlough warning went out to federal workers, deep spending cuts and tax hikes go into effect for every 1 on new year's eve if congress doesn't take action. kyla campbell, ktvu channel 2 news. >> thanks, if the president and congress are not able to avoid the fiscal cliff experts say people here in california will be hit especially hard because prop 30 voted into law in november will mean higher sales taxes and income taxes on the state's top earners. the fiscal cliff would add to that, hitting all americans with higher taxes. >> i don't
the white house, still not sure whether we are going to get video from the high stakes negotiations, harry reid and mitch mcconnell and john boehner and nancy pelosi are joining president obama and the vice-president. the white house insists the president is not putting new offers on the table but there are reports of a compromise to raise tax rates for them. both sides say thar are disappointed. >> it is totally a lack of courage to deal with these issues. from washington to wall street...
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Dec 28, 2012
12/12
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KGO
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congress is cutting it close to avoid the fiscal cliff yesterday senate majority leader harry reid blasted speaker boehner for letting lawmakers go on vacation. house makers are not due back until sun -- house lawmakers are not due back until sunday. boehner said the house will take action on whatever the senate can pass. >>> all the early season rain and snow we've been getting has water experts optimistic about california's water supply. the storms have replenished many reservoirs snow has increased snow back to nearly 150% of normal. >> partial supply in the barn either in reservoir storm or snow pack. however, it still depends on the remainder of the season 2/3 of the wet season is still let. >> snow pack runoff normally provides cal with a third of its water supply. >>> more -- more water on the way. >> this storm is so close to the coast it probably won't get snow in the sierra. good morning. because the storm is so close to the coast we have a high surf advisory be detail out there, dangerous rip currents as the storm passes today through tomorrow. beautiful picture from mount tamal
congress is cutting it close to avoid the fiscal cliff yesterday senate majority leader harry reid blasted speaker boehner for letting lawmakers go on vacation. house makers are not due back until sun -- house lawmakers are not due back until sunday. boehner said the house will take action on whatever the senate can pass. >>> all the early season rain and snow we've been getting has water experts optimistic about california's water supply. the storms have replenished many reservoirs...
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Dec 26, 2012
12/12
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KPIX
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senate majority leader harry reid was reportedly on capitol hill at christmas working on a scaled-down plan to avoid tax hikes for all but the wealthiest americans. his plan would also include short-term spending cuts instead of long-term deals that have been sought. president obama will cut short his hawaiian vacation around return to washington today to take part in those negotiations. christmas day the president and first lady met with servicemembers and families. the president told marines he was grateful for their service and posed for pictures. >>> more bay area headlines. one of santa's helpers put in a little overtime on christmas but instead of a sleigh and reindeer, san jose postal worker nancy ray used this a mail truck. ray is carrying on a decades old tradition of delivering packages to people on christmas. this is the third year ray has put her sant suit. she started working in the san jose post office 20 years ago and said this is a job she always wanted. >> some books, two things of presents. >> a relatively new christmas tradition continues in richmond as hundreds show
senate majority leader harry reid was reportedly on capitol hill at christmas working on a scaled-down plan to avoid tax hikes for all but the wealthiest americans. his plan would also include short-term spending cuts instead of long-term deals that have been sought. president obama will cut short his hawaiian vacation around return to washington today to take part in those negotiations. christmas day the president and first lady met with servicemembers and families. the president told marines...
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Dec 28, 2012
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. >> reporter: senate majority leader harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's no. 1 goal is to get elected speaker on january 3. >> reporter: the two sides are at odds over tax cuts and spending. republicans say it's up to the democratically controlled senate and white house to reach an agreement. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: members of the house were told to come back to washington sunday evening. they would have a little more than 24 hours to vote on a measure to avoid the fiscal cliff. danielle nottingham, cbs news, washington. >>> teetering on the fiscal cliff is given wall street a case of vertigo. the markets plummeted early, but the dow regained most of its 150-point lost. >>> a former bay area city councilman is about to learn first hand how washington works or doesn't. he's a newly elected congressman and heading into the capitol hill
. >> reporter: senate majority leader harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's no. 1 goal is to get elected speaker on january 3. >> reporter: the two sides are at odds over tax cuts and spending. republicans say it's up to the democratically controlled senate and white house to reach an agreement. >> republicans aren't about to write a blank check for...
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Dec 31, 2012
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reid said he could not present a counter proposal. mcconnell called for help. >> i placed a call to the vice president to see if he could jumpstart the negotiations on his side. i want everyone to know i'm willing to get this done. but i need a dance partner it >> reporter: white house officials say vice president biden is now playing a direct role in the talks. two parties remain at odds over the automatic across the board cuts to programs of defense. also divide on taxes. white house wants to raise tax rates on people making more than $250,000 a year. republicans would like to keep the estate tax from going up. >> if we are not able to reach an agreement, it would be dire. >> reporter: if there is no deal today, the average american family will see a tax hike of $3400. tahman bradley, abc7 news. >> -- any chance a deal might include retiring the country's debt? >> reporter: slim to none. republicans and president obama will be fighting about the debt next year. republicans wanting to use the debt ceiling as a bargaining tool. we mig
reid said he could not present a counter proposal. mcconnell called for help. >> i placed a call to the vice president to see if he could jumpstart the negotiations on his side. i want everyone to know i'm willing to get this done. but i need a dance partner it >> reporter: white house officials say vice president biden is now playing a direct role in the talks. two parties remain at odds over the automatic across the board cuts to programs of defense. also divide on taxes. white...
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Dec 26, 2012
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the next move will likely fall on democratic senate leader harry reid. >>> it's a scary statistic for recent college graduates. the number of young californians with degrees working in restaurants or retail has nearly doubled over the last five years. grace lee tells us these are the same people who have expensive college loans to pay off. >> reporter: when you're shopping this holiday season or eating out, take a look around. you might notice a lot more people under 30 working those jobs. according to the census bureau there are about 260,000 young adults with college degrees in california taking work in food service and retail because they can't get anything else. >> pretty sad now. >> reporter: roary graduated with a computer science degree. >> i graduated with my bachelors in 2009 and my first job was at a retail store. at first it was kind of embarrassing. >> i couldn't get a job in the field i wanted to. i figured i have to go to law school to get where i wanted to be. >> reporter: even with a higher degree it is still tough. bill song is still. >> college and he's worried about
the next move will likely fall on democratic senate leader harry reid. >>> it's a scary statistic for recent college graduates. the number of young californians with degrees working in restaurants or retail has nearly doubled over the last five years. grace lee tells us these are the same people who have expensive college loans to pay off. >> reporter: when you're shopping this holiday season or eating out, take a look around. you might notice a lot more people under 30 working...
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Dec 29, 2012
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. >> reporter: senators harry reid and mitch mcconnell returned to the senate floor, pledging to work through the weekend. >> we are engaged in discussions, the majority leader and myself and the white house, in hopes that we can come forward as early as sunday and have a recommendation. >> we're gonna do the best we can for the caucuses we have and the country that's waiting for us to make a decision. >> reporter: democratic and republican leaders have agreed to extend jobless benefits and some tax increases. but the income threshold is not yet clear. the president and senate leaders are expressing optimism that they'll get the job done. but the president has a backup plan just in case. >> if an agreement isn't reached in time, between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up- or-down vote. >> reporter: that bare bones bill would preserve tax cuts for the middle class and extend unemployment benefits. it would also lay a foundation for a broader deal to come. danielle nottingham, cbs news, the white house. >>> w
. >> reporter: senators harry reid and mitch mcconnell returned to the senate floor, pledging to work through the weekend. >> we are engaged in discussions, the majority leader and myself and the white house, in hopes that we can come forward as early as sunday and have a recommendation. >> we're gonna do the best we can for the caucuses we have and the country that's waiting for us to make a decision. >> reporter: democratic and republican leaders have agreed to extend...
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Jan 3, 2013
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harry reid called john boehner a dictator. >>> the last minute deal in congress also should keep the price of milk from soring. they were faced with a milk cliff that could have doubled the price. a lot that allows the government to buy the products at market cost was about to expire. as part of the deal congress passed a temporary extension. >>> president obama returned to his vacation. he returned to hawaii today after going to washington, d.c. because of the fiscal cliff stand off with congress. michelle obama and their two daughters have been in hawaii since december 21. they are staying near honolulu where they are enjoying golf and work outs. >>> and just when you thought we were done with the fiscal cliff it is not over. coming up, the next decision lawmakers will have to tackle. >>> a couple exciting days for this congressman. he got the keys to his new office ahead of his swearing in ceremony tomorrow. he represents the 15th congressional district. he was the district attorney. >> i have known that area since i was a boy. the people want someone who will roll up their sleeve
harry reid called john boehner a dictator. >>> the last minute deal in congress also should keep the price of milk from soring. they were faced with a milk cliff that could have doubled the price. a lot that allows the government to buy the products at market cost was about to expire. as part of the deal congress passed a temporary extension. >>> president obama returned to his vacation. he returned to hawaii today after going to washington, d.c. because of the fiscal cliff...
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Dec 30, 2012
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harry reid has been meeting with his caucus. republicans have been meeting on their side and the senate should be coming back in this afternoon as well. what would you give up in the fiscal cliff negotiations? let's go first to bridgeport, connecticut. thanks for waiting. >> i was thinking the republicans should drop the cpi issue that they have been discussing. it seems to me that they're working on getting it worked our for the estate tax. >> the chain on the consumer price index was a point of contention raised on the house floor. the reporting from politico earlier about the loggerheads' this afternoon, they say that the provision would result in lower payments for social security beneficiaries. boston, the independent go ahead. >> most companies in the u.s. are now headquartered in toronto. they make their profit in bermuda. we're spending 47 cents on the dollar on the deficit. we will have to do like canada and put a tax on gasoline. what is your opinion? what should we do to fulfill the debt and our obligation? >> what is
harry reid has been meeting with his caucus. republicans have been meeting on their side and the senate should be coming back in this afternoon as well. what would you give up in the fiscal cliff negotiations? let's go first to bridgeport, connecticut. thanks for waiting. >> i was thinking the republicans should drop the cpi issue that they have been discussing. it seems to me that they're working on getting it worked our for the estate tax. >> the chain on the consumer price index...
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Dec 28, 2012
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u >> reporter: harry reid lashed out at house speaker bane area out at house speaker bane area caution him ofrm" dictatorship. >> boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> reporter: republicans blame democrats. >> republicans aren't about to write a blank cheque or anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home early from his speaker boehner call the house back into town for an unusual sunday session. members of congress understand the 11th hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive increases and deep spending cuts treasury department would have treble paying its bills. many -- many worry it would plunge the u.s. back into a recession. one possible effect of the fiscal cliff, milk prices could spike two or three dollars a gallon because farm programs will
u >> reporter: harry reid lashed out at house speaker bane area out at house speaker bane area caution him ofrm" dictatorship. >> boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> reporter: republicans blame democrats. >> republicans aren't about to write a blank cheque or anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american...
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Dec 30, 2012
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he and harry reid are working on a scale down agreement that focuses on avoiding a middle class tax hike. the plan is to present it to the senate for a vote on sunday and then send it over to the house. house speaker john boehner was at the capitol but left with no comment. the democrats insist the wealthy pay more in taxes. >> the president's tax hike would only fund the government for l days. americans deserve to know what does the president propose we do for the over 357 days of the year. sdmrsz -- >> president omaba insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just afford a wound to our economy. >> if sunday's negotiations don't pan out the president says he's red to -- he's ready to propose his own scaled back bill that would preserve expiring unemployment benefits. >> with the deficit ticking higher -- >> it's disgusting. >> miss ing in all the last minute negotiations is talk of the 1.2 trillion in mandatory spending cuts scheduled to go into effect tuesday. >> the fiscal cliff count down is the big topic on this morning's fogs th
he and harry reid are working on a scale down agreement that focuses on avoiding a middle class tax hike. the plan is to present it to the senate for a vote on sunday and then send it over to the house. house speaker john boehner was at the capitol but left with no comment. the democrats insist the wealthy pay more in taxes. >> the president's tax hike would only fund the government for l days. americans deserve to know what does the president propose we do for the over 357 days of the...
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Jan 1, 2013
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>> bret, essentially what this came down to is after senate majority leader harry reid did not return a counter proposal to senate republican leader mitch mcconnell he got on the phone with vice president biden who is known for cutting deals and they worked through the night and senator mcconnell told colleagues he thought he had a deal with the vice president on the whole tax issue and then at the last minute the white house threw in the idea of putting off these automatic cuts set to start in 2013. the sequestration. the across-the-board cuts to defense spending, regardless of merit of program, just slashing each program and also domestic cuts as well. the republicans were thought to not like the defense cuts. democrats were thought not to like the domestic cuts and so they thought that they would be able to figure it out before it got to this point but here we are on new year's eve late into the evening and they had not cut a deal and so what senate republican leader mitch mcconnell did was offer a bunch of different pay fors, if you will to put off those cuts for two months to all
>> bret, essentially what this came down to is after senate majority leader harry reid did not return a counter proposal to senate republican leader mitch mcconnell he got on the phone with vice president biden who is known for cutting deals and they worked through the night and senator mcconnell told colleagues he thought he had a deal with the vice president on the whole tax issue and then at the last minute the white house threw in the idea of putting off these automatic cuts set to...
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Dec 27, 2012
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moments ago harry reid took to the floor of the u.s. senate and blasted the house speaker john boehner a kaoutsing the speake accusing him of putting his career ahead of middle class families. >> the american people i don't think understand the house of representatives is operating without the house o representatives. it's being opted with a dictatorship of the speaker not allowing the representatives to get what they want. if the 250 would be brought up it would pass overwhelmingly, i repeat. gregg: a dictatorship. how about that? republican leadership has said it's up to the u.s. senate to act first, because the house has already passed two bills related to the fiscal cliff, so we'll wait and see what happens there. as if parking wasn't frustrating enough, one city is boosting its meter rates to become the country's most expensive place to park. would you believe $6.50 an hour? we'll tell you where. patti ann: canadian companies trying to fill hundreds of jobs by recruiting americans. >> it's a real boon to canada, we're happy to brin
moments ago harry reid took to the floor of the u.s. senate and blasted the house speaker john boehner a kaoutsing the speake accusing him of putting his career ahead of middle class families. >> the american people i don't think understand the house of representatives is operating without the house o representatives. it's being opted with a dictatorship of the speaker not allowing the representatives to get what they want. if the 250 would be brought up it would pass overwhelmingly, i...
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Dec 30, 2012
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>> reporter: he and harry reid are working on scaled-down agreement that focuses on avoiding a middle-class tax hike. the plan is to present it to the full senate for a vote on sunday and send it to the house and hoax john boehner was at the capitol and left with no comment. both sides remain at odds over the democrat's insistence that the wealthy pay more in taxes. >> the president's tax hook would only fund the government for eight days. americans deserve to know what is the president -- what does the president propose we do for the other 357 days of the year. >> reporter: president obama insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations don't pan out, the president said he's ready to propose his own scaled-back bill that would block tax increases for all but the wealthy. and preserve expiring unemployment benefits. with the deficit ticking ever higher, patience is wearing thin. >> for those of us who invest in the stock market, it's disg
>> reporter: he and harry reid are working on scaled-down agreement that focuses on avoiding a middle-class tax hike. the plan is to present it to the full senate for a vote on sunday and send it to the house and hoax john boehner was at the capitol and left with no comment. both sides remain at odds over the democrat's insistence that the wealthy pay more in taxes. >> the president's tax hook would only fund the government for eight days. americans deserve to know what is the...
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. >> reporter: harris, you would be right. that would be senate majority leader harry reid. seemed kind of irritated that house republicans and all house members are not here in washington trying to work out a deal on the fiscal cliff. here is more from leader reid a short time ago. >> if we go over the cliff and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they will give them 8 hours notice. i can't imagine their consciences. >> reporter: of course president obama has left hawaii. he is heading back to washington from his family vacation. we learned from the white house that the president had made calls to the top four congressional leaders mcconnell and boehner on the republican side, pelosi and reid on the democratic side. we'll see what the president has in mind when he touches down back in washington a little later this morning, harris. harris: mike you mentioned it. i'm mentioning it too. it is coming into the
. >> reporter: harris, you would be right. that would be senate majority leader harry reid. seemed kind of irritated that house republicans and all house members are not here in washington trying to work out a deal on the fiscal cliff. here is more from leader reid a short time ago. >> if we go over the cliff and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with four days left after today before the first of the year aren't here...
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Dec 29, 2012
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>> the president said that right now senate democratic leader harry reid and senate republican leader mitch mcconnel are working on a deal. he meet with them along with house speaker john boehner and house democratic leader nancy pelosi.at the white house for about an hour today. he said the meeting was good and constructive. but expressed his frustration for the american people with waiting until stories... >> america wonders why you cannot get things done in this town in an organized timetable. why does everything have to wait until the last minute? now, we are at the last minute. the american people are not going to have many patients for a self-inflicted wound to our economy. >> reporter: coming up at 5:30 we'll have more from the president. and our political analyst michael yaki will give us his take on today's developments. >> catherine: there's rain on the way this holiday weekend. this is a live look from our camera on mount tam. and a look at downtown san francisco. i'm here in the weather center with jacqueline bennet -- where is the wet weather? >> jacqueline: we are still
>> the president said that right now senate democratic leader harry reid and senate republican leader mitch mcconnel are working on a deal. he meet with them along with house speaker john boehner and house democratic leader nancy pelosi.at the white house for about an hour today. he said the meeting was good and constructive. but expressed his frustration for the american people with waiting until stories... >> america wonders why you cannot get things done in this town in an...
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Dec 28, 2012
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. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can happen now. >> reporter: under senate rules the only way a bill could make its way through the procedure hurdles in time is if every senator agrees not to slow the progress. the house will be back here sunday night giving them just more than 24 hours to vote on any bill the senate works out. outside the beltway, carlino will be watching. >> everybody's kind of in a wait-and-see and fingers crossed perspective right now. >> reporter: since 1930, this is only the fifth time congress has worked after christmas. tara mergener for cbs news, washington. >>> today's meeting will be the first time president obama and all four leaders of
. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can...
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Dec 28, 2012
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reid, was blunt about chances for a deal. and he blamed house speaker john boehner. just before christmas, boehner floated his so-called "plan b"-- letting taxes rise on millionaires. but faced with opposition in republican ranks, he pulled it, and sent the house home for the holiday. reid charged today politics explained why the speaker had not yet called the house back. >> john boehner seems to care more about keeping his speakership than keeping the nation on a firm financial footing. it's obvious what's going on. he's waiting until january 3 to get reelected to speaker before he gets serious about negotiations. >> warner: a boenhner spokesman shot back, "harry reid should talk less and legislate more." but late today, republican leaders put out word that the house will reconvene on sunday. yesterday, they challenged the senate to take the next step, by extending the bush-era tax cuts for all income groups. in a joint statement, they said, "the house will take... action on whatever the senate can pass, but the senate first
reid, was blunt about chances for a deal. and he blamed house speaker john boehner. just before christmas, boehner floated his so-called "plan b"-- letting taxes rise on millionaires. but faced with opposition in republican ranks, he pulled it, and sent the house home for the holiday. reid charged today politics explained why the speaker had not yet called the house back. >> john boehner seems to care more about keeping his speakership than keeping the nation on a firm financial...
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Dec 27, 2012
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senate majority leader harry reid has a plan to let tax cuts expire for households making more than $250,000 a year along with short-term spending cuts instead of the long-term cuts that would happen if there is nodule. >> the american people are waiting for the ball to drop but it's not going to be a good drop because americans' taxes are approaching the wrong direction. >> reporter: negotiations between president obama and house republican leaders stalled last week. the house is now leaving it up to the democratic-controlled senate to solve the problem before the new year deadline. in addition to the "fiscal cliff," treasury secretary timothy geithner warned congress that the u.s. is close to hitting its debt limit of $16.4 trillion. geithner saved the government will take steps to allow more burrough after december 31. danielle nottingham, cbs news, washington. >>> let's look now at the markets. stocks fell sharply by 55 and change. the drop is attributed to consumer confidence falling to the lowest level since august. >>> the storm that moved across the country pushing northeast through
senate majority leader harry reid has a plan to let tax cuts expire for households making more than $250,000 a year along with short-term spending cuts instead of the long-term cuts that would happen if there is nodule. >> the american people are waiting for the ball to drop but it's not going to be a good drop because americans' taxes are approaching the wrong direction. >> reporter: negotiations between president obama and house republican leaders stalled last week. the house is...
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Dec 29, 2012
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so harry reid is -- misunderstands. the american people don't want taxes raised. they realize spending problem s the problem and needs to come down. tax increases get in the way of spending restraint. >> steven moore, i don't know if grover is the most powerful unelected man in washington or the most polarizing. a lot of people don't like him. you've defended him. herewhat he said and where i take issue. he said increases taxes avoids the conversation on having the spending discussion. and i said i don't think that's causal. i think we can all agree we're not having a robust enough conversation on how to deal with spending in this country and how to make government more efficient. is it a fact that by raising taxes we're just not going to have that discussion? >> yeah, i believe so. i believe that every time you raise taxes it actually reduces the pressure to cut spending, and i agree with grover on that. i want to take issue on one thing you said to glooefr i think is a little unfair. you know, that vote that we had last week on the john boehner plan b, which --
so harry reid is -- misunderstands. the american people don't want taxes raised. they realize spending problem s the problem and needs to come down. tax increases get in the way of spending restraint. >> steven moore, i don't know if grover is the most powerful unelected man in washington or the most polarizing. a lot of people don't like him. you've defended him. herewhat he said and where i take issue. he said increases taxes avoids the conversation on having the spending discussion....
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Dec 31, 2012
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the two senate leaders, harry reid and mitch mcconnell are working on a stop-gap bill. >> at some point it appears there are things that stop us from moving forward. i hope we're not there, but we're getting real close. >> i want everyone to know i'm willing to get this done but i need a dance partner. >> the legislation would prevent tax increase for roughly 98% of american workers, extend unemployment benefits set to expire for some two million people, and prevent a huge cut in payments to medicare doctors. >> we should go ahead and introduce legs that would make sure middle class taxes stay where they are and should be an up or down vote. >> a deal won't necessarily pass congress by monday night. if it doesn't, virtually everybody's income taxes will go up. the average family would pay an extra $3,462 in 2014. and farm programs would expire, potentially doubling the price of milk, and if congress doesn't pass new bill? >> we'll come back with a new congress on january 4th and the first bill on the floor will be to cut taxes on middle class families. >> the bargaining continues tonigh
the two senate leaders, harry reid and mitch mcconnell are working on a stop-gap bill. >> at some point it appears there are things that stop us from moving forward. i hope we're not there, but we're getting real close. >> i want everyone to know i'm willing to get this done but i need a dance partner. >> the legislation would prevent tax increase for roughly 98% of american workers, extend unemployment benefits set to expire for some two million people, and prevent a huge cut...
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Dec 30, 2012
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plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell? guest: mcconnell is up for reelection in 2014. if he agrees with the white house on something, particularly tax increases, it will hurt him in his election. remember rand paul -- mcconnell has less room to maneuver. for harry reid, a lot of his reputation is on the line. can he put something on the floor of the senate that some democrats will support? guest: the biggest loser is the unemployed and those trying to get jobs. that is what this is about. really, people need to step back and realize, while we are concerned about deficits, it is because it is a concern about the economy. there are different prescriptions for the economy at different times. allowing this recovery to slow down, even as it has already been anemic, would b
plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell? guest: mcconnell is up for reelection in 2014. if he agrees with the white house on something, particularly tax increases, it will hurt...
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Dec 27, 2012
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. >> harry reid speaking in the last hour from the floor of the senate. he said it appears the country is headed over the so-called fiscal cliff because of lack of progress in bipartisan talks. he stressed for republicans to come up with a plan that both houses could pass and the president could sign. >> new year's eve is fast approaching and for decades and decades the american people have watched the ball drops in times square. the countdown to midnight, the start of the new year. the american people are waiting for the ball to drop. americans and taxes are approaching the walt wrong direction. on the first of this year americans will have less income than they have today. if we go over the cliff, and it looks like that's where we're headed the house of representatives as we speak have four days left after today for this year. the speaker has to give them 48 hours notice. i can't imagine their consciences. wherever they are around the country. we are here trying to get something done. >> so what happens in five days when the tax cuts expires? most ameri
. >> harry reid speaking in the last hour from the floor of the senate. he said it appears the country is headed over the so-called fiscal cliff because of lack of progress in bipartisan talks. he stressed for republicans to come up with a plan that both houses could pass and the president could sign. >> new year's eve is fast approaching and for decades and decades the american people have watched the ball drops in times square. the countdown to midnight, the start of the new year....
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Dec 30, 2012
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democratic harry reid and republican mitch mcconnell. they're working on a mini-deal that would prevent a tax increase for roughly 98% of american workers. extend unemployment benefits that are set to expire for some 2 million people. and prevent a huge cut in payments to medicare doctors. what took so long? >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. >> reporter: the 11th-hour effort to get a deal comes after the president met with the congressional leaders at the white house. it was his first such meeting in six weeks. even as mcconnell and reid come to an agreement, there's no agreement it will pass before the end of the year. the agreement represents what the president says is the bare minimums. extending tax cuts while doing nothing to curb spending or address the long-term deficit crisis. if they fail to pass a mini-deal, virtually everybody's income taxes will go up. and even if the income tax cuts are extended virtually all workers are due to see
democratic harry reid and republican mitch mcconnell. they're working on a mini-deal that would prevent a tax increase for roughly 98% of american workers. extend unemployment benefits that are set to expire for some 2 million people. and prevent a huge cut in payments to medicare doctors. what took so long? >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. >> reporter: the 11th-hour effort to get a deal...
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Dec 28, 2012
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senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house speaker john boehner is saying the senate needs to just take up a house pass bill that has already passed the house that would extend rates for all americans to either take it up in whole rf to amend it. the senate would take up that bill, amend it. if we do go over the cliff there is this possibility and a
senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate...
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the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of reto
the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support....
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. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home early from his hawaii vacation yesterday. speaker boehner called the house back into town for an unusual sunday session. but members of congress understand the 11th-hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive tax increases and deep spending cuts. the treasury department would have trouble paying its bills. many economists worry the financial woes would plunge the u.s. back into a recession. just one possible effect of the fiscal cliff. milk prices could spike $2 or $3 a gallon, because farm pr
. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home...
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Dec 30, 2012
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now in case that deal breaks down, the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor. that bill would increase taxes for households that earn 250- thousand dollars or more. now that's a democratic proposal, and you can expect republicans would block it. so rather than thinking of that as a stop-gap measure, think of it as a political move to try to shift the responsibility of failure onto republicans just before the nation reaches the hour of reckoning. jessica yellin >> still ahead on kron 4 news at eight. a multi-million dollar lawsuit. on behalf of a six year old who survived the newtown school shooting. we meet the lawyer who is taking up the case. then. police put up sobriety check points just in time for the new year celebrations. we'll tell you where. plus. >> coming up the best and the worst in the next edition of people behaving badly. >>> police are cracking down on people drinking and getting behind the wheel this holiday weekend. to do so. several departments have set up d-u- i chekpoints throughout the bay area inc
now in case that deal breaks down, the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor. that bill would increase taxes for households that earn 250- thousand dollars or more. now that's a democratic proposal, and you can expect republicans would block it. so rather than thinking of that as a stop-gap measure, think of it as a political move to try to shift the responsibility of failure onto republicans just before the nation reaches the...